GBPUSD did a W formation on the H4 timeframe and failed to break Wednesday's low. I expect price to rally towards the peak high of the H1 Wyckoff Distribution and have a bearish reaction afterwards. If price fails to break the low again, GBPUSD might have entered an H4 Wyckoff Distribution and could consolidate before shifting down. Look out for any peak formations.
Ordine annullato